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elixir [45]
3 years ago
11

Diana tells crystal, “i think i’ll sell that camping gear i bought for hiking the pacific trail for $250. i’m never going to mak

e that trip.” this constitutes a(n):
Business
1 answer:
andre [41]3 years ago
4 0

The answer is a statement of future intent. It is a statement of an intention has to do something in the future is not an offer. Agreements to agree arise when two parties are conversing an event involving future transactions which are still in progress. A statement of future intent is not a legally binding contract. It only designates an agreement by the two parties involved in the negotiation to attempt to form a future agreement. An agreement to agree is not binding if the matter under discussion is still in argument. 

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Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is ______.
butalik [34]

Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.

<h3>What is gross profit?</h3>

Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.

Explanation:-  Gross Profit = (Net Sales – Cost of Goods Sold)

                       = ($50,000- $30,000)

                        = $20,000

Hence, the gross profit of the Blog Inc., would be $20,000.

Learn more about the gross profit here:-

brainly.com/question/18567528

#SPJ1

3 0
2 years ago
Imagine working at the Trading Desk at the New York Fed. Explain whether you would conduct open market purchases or sales in res
worty [1.4K]

Answer:

a. In this case, its goes for open market sales operations, This is because to increase the value of federal funds, the Fed has to reduce the money supply

b. In this case, its goes for open market purchase operation. This is because an increase in the differential between the discount rate and federal funds rate would encourage the depositary institutions to borrow money from Fed, thereby increasing the supply of money

5 0
3 years ago
. Do the negative amounts for cash from investing activities and cash from financing activities concern us
Archy [21]

Answer:

Of course you should be concerned about negative cash outflows resulting from investing or financing activities.

Negative cash outflows for investing activities means that the company purchased more fixed assets or securities this year than the ones that were sold. E.g. the company purchased new equipment for $100,000. Investing activities usually require large amounts of cash.

If financing activities yield negative numbers, it means that either the company paid too much in dividends, or they paid long term debts (e.g. retired bonds or paid back bank loans), but at the same time did not raise enough capital to offset them.

When you are analyzing the finances of a company, cash is king. A company might be very profitable, but it will not survive it its cash flows are negative. If there are enough positive cash flows from operating activities to offset these other cash outflows, then the company should be OK. But if operating cash flows cannot offset them, then the company should be concerned.

3 0
3 years ago
If people expect future earnings of Galt Corporation to be high relative to current earnings, then a. the P/E ratio of its stock
Inessa05 [86]

When earnings are expected to be high relative to current earnings, then a. the P/E ratio of its stock will be high. A P/E ratio of 8 is relatively low.

<h3>What happens when future earnings are expected to be high?</h3>

If earnings are expected to be high as in the case of the Galt Corporation, then the price of the stock will rise.

This will then lead to a high P/E ratio because the price will rise but the earnings will remain the same.

Find out more on the P/E ratio at brainly.com/question/14644755.

#SPJ1

7 0
2 years ago
Furniture Company manufactures tables. It has two manufacturing departments: Department A and B. The company uses a budgeted ove
motikmotik

Answer:

The total cost of Job A is  $29,044

Explanation:

The computation of the total cost is shown below:

= Direct materials used for Department A + Direct materials used for Department B +  Direct manufacturing labor for Department A + Direct manufacturing labor for Department B + Applied overhead for Department A +  Applied overhead for Department B

where,

Applied overhead for Department A = (Budgeted manufacturing overheads ÷ machine-hours) × Department A machine hours

= ($57,500 ÷ 4,000 machine-hours) × 800 machine-hours

= $11,500

Applied overhead for Department B = (Budgeted manufacturing overheads ÷ Direct labor hours) × Department B Direct labor hours

= ($62,500 ÷ 8,000 Direct labor hours) × 300 Direct labor hours

= $2,344

The other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $3,250 + $1,350 + $5,250 + $5,350 + $11,500 + $2,344

= $29,044

8 0
3 years ago
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